SCOR's January 2025 P&C reinsurance renewals show 9.6% growth in EGPI, CEO pleased with results.

From GlobeNewswire: 2025-02-04 01:26:51

SCOR’s January 2025 P&C reinsurance renewals show a 9.6% growth in EGPI, driven by Specialty lines and Alternative Solutions. CEO Jean-Paul Conoscente is pleased with the results, maintaining stable technical profitability and targeted growth in preferred lines. Demand for reinsurance coverage remains high, with SCOR renewing its P&C book at 5,265 EUR million, a 9.6% increase from January 2024. EGPI grows in P&C, Specialty, and Alternative Solutions, with a focus on underwriting discipline and dynamic retrocession buying. SCOR expects continued discipline and partnerships for future renewals in 2025.

SCOR, a global reinsurer, continues to offer innovative risk management solutions with premiums of EUR 19.4 billion in 2023. Forward-looking statements caution that future results are subject to known and unknown risks and uncertainties. All figures are unaudited and in Euros, as of January 25, 2025.



Read more at GlobeNewswire: January 2025 P&C Reinsurance Renewals Results: Sustained